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Central Petroleum Trades Sub-Salt Permits for 25% Stake in Helium Explorer

9:35am on Wednesday 12th of November, 2025 AEDT Energy
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Central Petroleum Trades Sub-Salt Permits for 25% Stake in Helium Explorer

9:35am on Wednesday 12th of November, 2025 AEDT
Key Points
  • Sale of three Northern Territory sub-salt permits (EP82, EP112, EP125) to Georgina Energy
  • Central to receive 25% equity interest in Georgina post-transaction
  • Georgina must raise at least £7 million before completion to fund Mt Kitty appraisal drilling
  • Central plans to distribute Georgina shares to its shareholders
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